Social Entrepreneurship

Social entrepreneurship: 

Social entrepreneurship is the combination of creative services and business, established to support the social goals of the society. It is not end in individuals. It is an organization that aims to provide solutions for existing problems. It generates employment with Creativity

Motive of Social entrepreneurship is service with creativity. (Service means not only giving for free, but also doing justice to the money taken). 

History:

It emerged in the 1980s and since then, has been gaining more momentum. Andrew Mawson worked extensively upon the concept of social entrepreneurship and extended the same to bring about reform in the community structure. 

But before that also several social entrepreneurs were there to eliminate social problems or bring positive change in the society. Vinoba Bhave, the founder of India’s Land Gift Movement, Robert Owen, the founder of cooperative movement and Florence Nightingale, founder of first nursing school and developer of modern nursing practices might be included in this category. 

Current Cinerio: 

These days, the concept of social entrepreneurship has been widely used and that too in different forms that work for child rights, women empowerment, save environment, save trees, treatment of waste products, etc. Apart from addressing the social issues, social entrepreneurship also includes recognition and addressing the environmental problems and financial issues for rural and urban poor. 

All big brands and companies are encouraging and adopting the concept of social entrepreneurship and trying to address the issues in our society  

Characteristics of Social entrepreneurship:

Drayton tells for four characteristics of entrepreneurship that are

1.Creativity

2.Entrepreneurial quality, 

3.Social impact of the idea, and 

4.Ethical fiber

One distinguishing attribute of entrepreneurs is that they rarely take credit for making change. 

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